San Diego-Based Firm Adds 103 Portland Units to Portfolio
Portland-based Urban Asset Advisors (UAA) has tapped Sunrise Management – whichhas specialized in the management of residential real estate since 1978 – to direct all leasing and day-to-day operations for three Portland area multifamily properties: Artisan Apartments, Abernethy Flats and Broadway Flats.
Totaling 103 units, all three communities – owned by UAA – are newly upgraded and located in the downtown Portland area. Highlights include:
- Artisan Apartments, 3301 SE Division St. Portland – 54 beautifully appointed studio and one-bedroom apartments developed by UAA in 2020.
- Abernethy Flats, 2014 SE 11th Ave, Portland – 35 spacious and light filled studio and one-bedroom apartment homes developed by UAA in 2019.
- Broadway Flats, 2007 NE Broadway – Portland,14 studio and one- bedroom apartment homes built in 2013.
According to Dennis Mitchell, regional vice president for Sunrise Management, his company has a rapidly growing Portland presence now encompassing 19 properties and 1,271 units. “We are thrilled to partner with UAA – one of the region’s top developers – on these class A projects,” he said. “Portland has a robust multifamily market and we look forward to further expanding our portfolio here.”
